{"id":30538,"date":"2026-03-12T08:27:10","date_gmt":"2026-03-12T08:27:10","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/30538\/"},"modified":"2026-03-12T08:27:10","modified_gmt":"2026-03-12T08:27:10","slug":"ubs-lowers-its-price-target-on-evgo-inc-evgo-to-5-50-from-5-90-and-maintains-a-buy-rating","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/30538\/","title":{"rendered":"UBS Lowers its Price Target on EVgo, Inc. (EVGO) to $5.50 from $5.90 and Maintains a Buy Rating"},"content":{"rendered":"\n

EVgo, Inc. (NASDAQ:EVGO<\/a>) is among the 11 Fastest Growing Penny Stocks to Buy Right Now<\/a>.<\/p>\n

On March 6, 2026, UBS analyst Jon Windham lowered the price target on EVgo, Inc. (NASDAQ:EVGO) to $5.50 from $5.90 and maintained a Buy rating.<\/p>\n

On March 4, 2026, Stifel analyst Stephen Gengaro lowered the price target on EVgo, Inc. (NASDAQ:EVGO) to $7 from $7.50 and kept a Buy rating after adjusting estimates following Q4 results. Stephen Gengaro said EVgo remains \u201cthe best pure-play EV charging company\u201d and is well positioned for strong medium- to long-term growth. Also on March 4, RBC Capital lowered the price target on EVgo to $4.50 from $7 while maintaining an Outperform rating. RBC said the company\u2019s 2026 outlook points to improving profitability, particularly in the second half of the year as stall deployments accelerate, though the guidance came in slightly below the firm\u2019s forecast due to a slower deployment pace. RBC added that longer-term upside remains compelling but sentiment may stay muted in the near term given the macro backdrop.<\/p>\n

On March 3, 2026, EVgo, Inc. (NASDAQ:EVGO) reported Q4 EPS of (4c) compared with (11c) last year and revenue of $118.5M versus consensus estimates of $102.61M. CEO Badar Khan said EVgo added more than 500 new charging stalls in Q4, bringing the year-end total to 5,100 stalls, while also delivering positive adjusted EBITDA for both the quarter and the full year 2025.<\/p>\n

EVgo, Inc. (NASDAQ:EVGO) owns and operates a direct current fast charging network for electric vehicles in the United States.<\/p>\n

While we acknowledge the potential of EVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you\u2019re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/a>.<\/p>\n

READ NEXT:\u00a012 Best Tech Stocks that Beat Earnings Estimates<\/a>\u00a0and\u00a040 Most Popular Stocks Among Hedge Funds Heading Into 2026<\/a><\/p>\n

Disclosure: None. Follow Insider Monkey on Google News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"EVgo, Inc. (NASDAQ:EVGO) is among the 11 Fastest Growing Penny Stocks to Buy Right Now. On March 6,…\n","protected":false},"author":2,"featured_media":30539,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129],"tags":[18417,2039,12330,18418,223],"class_list":{"0":"post-30538","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ubs","8":"tag-evgo","9":"tag-inc","10":"tag-rbc-capital","11":"tag-stephen-gengaro","12":"tag-ubs"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116215260667656212","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/30538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=30538"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/30538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/30539"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=30538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=30538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=30538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}